Nextronex Energy Systems
James OlzakCOO
NOTICE: This is a solicitation for investment in Nextronex Energy Systems LLC (Company"). Membership in the Company involves a significant degree of risk and you should not invest unless you can afford to lose some or even all of your investment. Specific risk factors will be described in the Offering Memorandum, which should be read and considered carefully in evaluating whether to invest in the Company. Membership Units in the Company are not listed on any stock exchange, and there is no public market for them. Furthermore, Membership Units are not covered by the Securities Act of 1933. Neither the Securities and Exchange Commission nor any other federal or state agency has recommended, approved or endorsed the purchase of the Units as an investment or passed on the accuracy or adequacy of the information provided to potential investors. Membership Units will only be sold to Accredited Investors. INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE COMPANY AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED, IN MAKING AN INVESTMENT DECISION. CONFIDENTIAL 11/05/10
CONFIDENTIAL
Company OverviewNextronex is a solar component manufacturing company formed in November of 2008. The company assembles, tests, services and ships grid-tie inverters from its facility in Millbury Ohio.
Nextronex utilizes a “Just-In-Time” manufacturing model - Inverters and Inverter Systems will be typically built when an order is in house, to the exact specifications of the customer.
Nextronex markets its inverter solutions through direct sales and distributor relationships.
Discussion of Our Business
1.The Solar Power Equipment Market2.Our Technology3.The Value Proposition4.Our Future Vision5.Financial Projections6.Investment Opportunity
CONFIDENTIAL
The Solar Equipment Market– Balance of Systems
CONFIDENTIAL
The equipment and expertise necessary to capture the energy produced by a solar array and convert it efficiently to utility grade grid energy. A Grid-Tie System
InvertersTransformersLoad CentersControlsConnections
MonitoringRacksFramesSpace
DCPower
ACPower
Our Technology
•Solar Inverters•Distributed Architecture Controls•Load Centers•Switching Equipment
Patent Pending
•Distributed Architecture•Low Profile Inverters•Distributed Control
There Are More…
CONFIDENTIAL
The Customer Value Proposition
•Installation Cost Savings – Up to 6% versus alternative designs•Uptime advantage of distributed architecture•Higher efficiency energy recovery
Nextronex solutions can generate over $1,000,000 in additional energy per 25 year life cycle versus other competitive installations. (@ $0.15/kw/h)
CONFIDENTIAL
Our Future Vision
To capture a significant share of the global Balance of System market with capital equipment products and services that continue to lead in solar power conversion optimization.
Executive Team
Bruce Larsen – CEOJim Olzak – COOPeter Gerhardinger – CTO
Board of Managers
Dan Slifko, RV Fund (Chair)Jim Olzak – FounderPeter Gerhardinger – FounderWm Koester, PhD. – Univ. of ToledoMike Moront, MD – Investor
Financial Projections ($000’s)
CONFIDENTIAL
2010 2011 2012 2013 2014 2015
Sales 1,000 4,000 10,000 18,000 28,000 40,000
EBITDA 0 1,000 3,400 6,300 9,800 14,000
$6.6 million of potential 2011 projects currently identified.
Above assumes Nextronex will only capture 2% of the U.S. Market!
Indicative of a full conversion from solar array project focus to mass manufacturer of Balance of System capital equipment on a global scale.
The Ask
CONFIDENTIAL
$500,000Series A Preferred Units10% Dividend1x Liquidation Preference & Pro-rata Participation$1.5 million Pre-Money
Use of FundsWorking CapitalManufacturing Scale UpSales/Business Development
Contact
CONFIDENTIAL
Bruce Larsen, CEO
Nextronex Energy Systems, LLC4400 Moline- Martin Rd.
Millbury, OH 43447
Phone: (419) 356-6973Email: [email protected]